Share this @internewscast.com

A GameStop location with sign “We Buy Your Games and More”

The relentless rally in GameStop is telling Wall Street that average Joe day traders can’t be underestimated.

An army of retail investors cheered each other on in the “wallstreetbets” Reddit forum with more than 2 million subscribers, piling into GameStop’s stock and options. The buying frenzy has prompted GameStop shares to quadruple in the past two weeks, inflicting huge losses for short sellers in the name.

The Reddit crowd has already spotted other popular short targets by hedge funds, including Bed Bath & Beyond, pushing stocks higher. Here are other names they could go after:

Source:

Share this @internewscast.com
You May Also Like

Attorney General’s Controversial Stance on Land Ruling Sparks Debate Over Private Property and Tribal Rights

An assertive attorney general offered a firmly progressive response when questioned about…

Ophthalmologist Cautions Against Colored Halloween Contact Lenses: Inexpensive Costume Accessories May Lead to Severe Corneal Ulcers and Vision Loss

If you’re considering using colored contact lenses to enhance your Halloween costume…

CNN’s Kaitlan Collins Challenges Democrat Jasmine Crockett’s Trump Claim in Live Broadcast Showdown

A CNN White House correspondent found herself in the middle of a…

Fiery Showdown: Jim Acosta and Jesse Watters Spar Over Controversial Trump Ballroom Endeavor

A heated exchange has erupted between former CNN anchor Jim Acosta and…